OPTrust's Climate-Savvy Project?
A couple of days ago, OPTrust put out a press release, OPTrust Climate-Savvy Project Delivers New Insights for Pension Fund : OPTrust today released the results of its climate-savvy asset liability management/strategic asset allocation (ALM/SAA) project in partnership with Ortec Finance. The project marks another important step for OPTrust’s Climate Change Action Plan to ensure the portfolio remains resilient and agile in meeting the challenges of climate change. The ALM/SAA project is one of the first efforts of its kind to integrate quantified physical and transition risks and opportunities associated with climate change into traditional multi-horizon, real-world scenario sets that drive strategic investment decision-making. James C. Davis, Chief Investment Officer of OPTrust said, “Taking action on climate change and considering the financial implications is in the best interests of our members at OPTrust. In integrating climate risk into our portfolio construction framew